ReghuBalakrishnan
Stories by ReghuBalakrishnan
Kedaara, Malaysia’s Khazanah frontrunners for stake in Sutures India
US-based private equity fund TPG Growth owns 52% in Sutures and CX Partners holds 20%, while the rest is held by the promoters. CX Partners has been i
India: Welspun green energy assets attract interest of Sembcorp, Tata Power, Greenko
Singapore’s Sembcorp also shows interest; Welspun is seeking an enterprise valuation of Rs10,000 crore
India: Blackstone acquires HP’s 60% in Mphasis for $825m
This transaction will trigger a mandatory open offer for a purchase of additional 26% shares of the company. Based on the open offer subscription, the
India: Hero Future Energies in talks to raise $150m from CDC Group, IFC
Hero Future is offering 25-30% in the company to CDC Group, a development finance institution owned by the UK government, and the private sector inves
India: ICICI Bank shelves plans to sell home finance division
Global PE investors, such as TPG, Partners Capital and Baring Private Equity Asia, were in discussions with ICICI Bank for a possible deal.
Indian dairy firm Milk Mantra in talks with Samara Capital to raise $30m
In 2014, Milk Mantra raised series C funding of Rs.80 crore, led by Fidelity Growth Partners India and Aavishkaar India II Co. Ltd. Fidelity Growth Pa
India: Apoorva Patni’s Currae Healthtech Fund to deploy $15m in startups
The Apoorva Patni-backed fund has invested in healthcare start-ups such as BabyChakra, Allishealth, Mapmygenome, Wrig Nanosystems among others.
Yokohama Rubber to acquire KKR-owned Alliance Tire Group
Yokohama Rubber does not currently manufacture or sell tyres for agricultural or forestry machinery, and the strengthen the Japanese company's product
